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fraud |
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This negative perception is most likely due to the fact that scandals of extortion, false accounting, and coverup are quite newsworthy, but the CEO who diligently follows the rules never makes primetime news. So now there is the case of Betty Vinson, a quite-anonymous accountant making 80 grand a year at a big telecom company who suddenly found herself in a bad place: being asked by her boss to make false accounting entries. The false accounting resulted in the huge loss to investors, and a $1 million-plus loss by a finance company, U. |
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